E&R Wealth Management LLC Makes New $2.80 Million Investment in Vanguard Real Estate ETF $VNQ

E&R Wealth Management LLC bought a new position in Vanguard Real Estate ETF (NYSEARCA:VNQ) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 31,648 shares of the exchange traded fund’s stock, valued at approximately $2,801,000. Vanguard Real Estate ETF accounts for 2.9% of E&R Wealth Management LLC’s investment portfolio, making the stock its 8th largest holding.

Several other hedge funds also recently bought and sold shares of the company. IMG Wealth Management Inc. bought a new stake in shares of Vanguard Real Estate ETF during the fourth quarter worth $26,000. Evermay Wealth Management LLC increased its position in shares of Vanguard Real Estate ETF by 46.5% during the fourth quarter. Evermay Wealth Management LLC now owns 356 shares of the exchange traded fund’s stock worth $32,000 after acquiring an additional 113 shares in the last quarter. Laurel Wealth Advisors LLC bought a new stake in shares of Vanguard Real Estate ETF during the fourth quarter worth $34,000. Pittenger & Anderson Inc. bought a new stake in shares of Vanguard Real Estate ETF during the fourth quarter worth $36,000. Finally, Palisade Asset Management LLC bought a new stake in shares of Vanguard Real Estate ETF during the third quarter worth $36,000. 60.03% of the stock is currently owned by institutional investors and hedge funds.

Vanguard Real Estate ETF Stock Up 0.0%

Shares of VNQ stock opened at $97.68 on Thursday. The firm has a fifty day moving average of $94.89 and a 200-day moving average of $92.39. Vanguard Real Estate ETF has a 12-month low of $86.84 and a 12-month high of $98.41. The company has a market capitalization of $37.65 billion, a price-to-earnings ratio of 35.58 and a beta of 0.98.

Vanguard Real Estate ETF Company Profile

Vanguard REIT ETF (the Fund) is an open-end investment company. The Fund invests in stocks issued by real estate investment trusts (REITs), companies that purchase office buildings, hotels, and other real property. It tracks the return of the MSCI US RIT Index, a gauge of real estate stocks. The Vanguard Group, Inc provides investment advisory services to the Fund.